Weitang Industrial announced that, based on the principle of prudence, the company made a single asset impairment loss provision of 10.39 million yuan on long-term equity investments in the second quarter of 2026, which will reduce total profit for the same period by 10.39 million yuan. This amount is close to the company's first-quarter net loss attributable to the parent of 11.57 million yuan, and accounts for 35.53% of last year's full-year net profit attributable to the parent of 29.25 million yuan. The company's main business is automotive stamping dies and stamping and welding components, with customers including international automakers such as BMW and Mercedes-Benz. This provision has not been audited, and the company's semi-annual report is scheduled to be disclosed on August 29.
VT Industrial Technology Co LtdCompany booked a 10.39 million yuan impairment loss on long-term equity investments, reducing Q2 profit.
